Money in Options

To most people the word derivatives is just as bad as terrorism. However, when used efficiently derivatives can hedge risk and increase profits. But you can lose money on derivatives even if you assess the situation correctly. My strategy is to sell out of the money call options on stocks that have already made me a substantial gain. I want the option contracts to expire worthless but even if they are exercised I have locked in a profit and could buy the stock back at the same level if necessary. For options trading I highly recommend Option Express. Their platform is easy to use and they offer a vast library of strategies and coaching for new comers.